pedro

Hello, I'm trying to calculate my adjusted net income in order to understand if I fit in the 30 hours or 15 hours free childcare. My net income is 113.746. My employer takes 10% before taxes for a private pension. According to your guidelines, to calculate my adjusted net I should take off pension contribution in this way: for every £1 of pension contribution you made, take £1.25 from your ‘net income’. If my calculation is correct my adjusted net is 99.528. This is given by my net income 113.746 minus 10% net pension contribution 11.374 x 1.25 14.218 = 99.528 Is this correct? Or should I only take off 10% as 11.374? Thank you so much!